Performance Management facilitates strategy deployment throughout an organization and aligns the organization in the execution of strategic objectives. Simply put, performance management includes activities which ensure that strategic objectives are consistently met in an effective and efficient manner. Performance management can focus on performance of an organization, a department, right down to individual employees.
EOH Consulting endorses an integrated view of performance management that clearly emphasizes the need for a clear link between Corporate and Employee Performance Management.
Corporate Performance Management
A term initially coined by Gartner, a leading research and advisory firm. Corporate Performance Management (CPM) is an umbrella term that describes all of the processes, methodologies, metrics and systems needed to measure and manage the performance of an organization according to key performance indicators.
CPM adds value to the business by focusing on how an organization develops, implements and monitors strategic plans. This strategic focus is kept throughout all management processes, right down to the contribution of individuals within the organisation. CPM is about the execution of the strategic plan.
EOH Consulting presents a unique way of interpreting CPM through the use of modern technology and a pragmatic implementation approach. We assist companies to reach the highest corporate maturity level in CPM through relatively low investments in innovative tools, processes, systems and capabilities.
Employee Performance Management
Employee Performance is the ability to direct individual accomplishments toward organizational objectives. It is also an ongoing activity with the ultimate goal of improving both individual and corporate performance. Employee performance management includes:
- Planning work and setting expectations
- Continually monitoring performance
- Developing the capacity to perform
- Periodically rating performance and
- Rewarding good performance.
EOH Consulting’s comprehensive Employee Performance Management solution facilitates measurement and execution of company objectives across all levels of the organization. We deploy an automated solution to support performance appraisals, career & succession planning and alignment with organizational goals.
Replacing cumbersome processes with automated employee performance management systems provides many benefits:
- Performance Appraisals: Is your process annual because it’s manual? Our customers benefit from the ability to conduct enterprise-wide performance appraisal cycles much more frequently with our automated web-based system.
- Better data = Better performance. Manual or traditional paper-based performance management processes usually dump hours of hard work into an isolated form that remains locked in a filing cabinet.
- Give managers the tools to manage better. The easier your organization can make the performance appraisal process, the more you are equipping managers with the tools to effectively engage your workforce, fill skills gaps, and fulfill your promise to develop individuals.
- Ensure performance appraisal consistency and standards. Employees’ performance reviews should reflect their true performance and not be subjected to their manager’s way of rating. By implementing a web-based performance appraisal system across your organization with workflows based on industry best-practices, your organization can ensure all employees are measured under the same process and criteria.
- Better quality feedback leads to better performance. EOH Consulting employee performance management solutions provide easy-to-use tools and workflows that have been developed from the best-practices of thousands of organizations.
The best Return on Investment (ROI) from a performance management system comes with access to actionable data that helps you develop, maintain, and promote key employees.
